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Layman Economics of Jonathan Pallatives

President Goodluck Jonathan just informed us that there will be 25% cut in BASIC salary of all political office holders. Fair enough. But Let’s analyze the entire package of a senator. Basic Salary (BS) – N2,484,245.50 million. Unfortunately there are other packages apart from basic salary which are left untouched…unchecked. […]

Nigeria’s House of Rep seeks suspension of subsidy removal

By Yakubu LAAH InvestAdvocate ABUJA (INVESTADVOCATE)-Members of the Nigeria’s Peoples House of Representatives at an emergency session Sunday in Abuja Nigeria is seeking to suspend the Fuel subsidy removal by the President Goodluck Jonathan led administration and had set up a Committee to meet with Members of the Executive Arm […]

Recapitalisation: Nigeria’s Union Bank Rights set for oversubscription

By Chris Ikebude InvestAdvocate Lagos (INVESTADVOCATE)-There are indications that the ongoing Rights Issue of Union Bank of Nigeria Plc (UBN) maybe oversubscribed as Shareholders of the Bank are picking up their Rights. Feelers from stakeholders to the Rights including the Issuing Houses, Registrars, Stockbrokers and Officials of the Bank from […]